Goals 0.56, 0.49. Invalidation at 0.89. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
Exxon Mobile Short Term - We look to Buy at 81.80 (stop at 79.22) Preferred trade is to buy on dips. The medium term bias remains bullish. Trading has been mixed and volatile. We are assessed to be in a corrective mode lower. Our profit targets will be 87.06 and 89.10 Resistance: 90.00 / 100.00 / 110.00 Support: 82.00 / 75.00 / 70.00 Disclaimer – Saxo...
$XON has been making a nice run up the charts lately. We don't think this run is over by far as there looks to be a lot of momentum behind $XON. There's also a gap higher that needs to be closed from $12.77 to $12.96 The stock is getting a boost today after announcing an exclusive wellness agreement with Surterra Wellness. The companies will join forces to...
Back to the basics with this one. RSI and MACD are forming bullish indicators. Price is consolidating nicely and should continue to test the upper resistance. If it breaks through I'm looking for big retracements. We've seen similar huge leaps in price so here's to hoping history will repeat itself. I'll keep updating as we move along. *Delgado*
XON seems breaking out of a downward channel formation. It also seems forming a flag here. We think it has good upside potential. * Trade Criteria * Date First Found- April 4, 2018 Pattern/Why- Broken out of downward channel Entry Criteria- $17.52 Exit Criteria- Momentum Stop Loss Criteria- N/A Indicator Notes- Twiggs money flow bounced off to the positive...
XON seems forming a flag setup. Money flow broken out positive. It had a big shot up on strong volume & broken out its resistance. It also had big insider buying recently. We thin it will continue upward. * Trade Criteria * Date First Found- March 7, 2018 Pattern/Why- formation. Possibly momentum Flag setup Entry Criteria- Current price ($15.91) (Hit March 8,...
Upper channel resistance and bullish wedge indicate some kind of reversal on a 1m scale.